All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
someone asked, the room worked it out
A broker sent me a 48-key select service property in a smaller city, and the expense list on the pro forma has a line for management fee at 3% of gross revenue. I read that as the…
I run a couple of small multifamily buildings in my own name and I'm thinking about a single-family rental for the IRA side. What I can't pin down is the cost of the wrapper itsel…
A sponsor holding fully entitled land asked me to come in with $1.5m of preferred equity at 13 percent, all accruing, since the land produces nothing until it's sold or a construc…
Land is my usual thing and the appeal there is that nothing needs doing. Hotels seem like the opposite of that in every way, and yet this room is filed under passive hold, which c…
Ground floor of a mixed-use building I'm underwriting. The suite is 1,800 sf, dark for fourteen months per the seller's leasing reports. Asking rent is $14/sf NNN. A prospect in t…
I read a lot of leases for owners who live in one unit of a two or three unit and rent the rest, and they are almost always the same document the off-site owners use. Then the own…
QSR outparcel, $1,725,000 at a 6.9% cap, 15-year lease just signed, brand is one everyone would recognize. Then I get to the guaranty page and it's an LLC that operates 12 units i…
Working through the 2026 setup and I can't square two things I've read. The pitch is that REIT valuations sit near historic discounts to both broader equities and private real est…
Working through a fourplex listed at $640k. Four two-bedroom units, all leased at $1,150, so $4,600 gross. My plan was to occupy one unit with a low down payment government-backed…
I've only bought small apartment buildings, where diligence was an inspection and a sewer scope and I was done for about $900. Now I'm looking at a 12,000 sf retail building with…
I have a repeat borrower asking for a fourth loan. Existing three are separate notes, separate mortgages, 68 to 72 LTV on as-is, all in the same metro. Total exposure to him would…
I've got a service business, and on the side I sell a paid coaching track. Twelve-month program, $6,000 up front or $650 a month, with a 14-day full refund window written into the…
I've built the model four times and I keep getting a different answer because I don't know what the honest placeholders are. 40 lots. Raw land $1.1M. Engineer's opinion of probabl…
Planning my first purchase and I'm looking at small-town properties in the $85,000 to $110,000 range. If I buy at $95,000, put $25,000 in and it's worth $150,000 after, my gain is…
Mostly reading about notes so this is adjacent to my lane, but I'm looking at buying one small rental to understand the asset side, and I've hit something confusing. Everything I…
Reading a single-asset offering in a designated tract. Sponsor's model holds for eleven years and exits at a 5.75% cap. The two arms length trades I can find in that tract cleared…
Trying to work out the real number before I decide anything. Everyone says wholesaling is the no-money strategy but you still have to put something down with the seller, right? An…
Duplex, bought at 140k, put 62k in. My comps supported 265k. Appraisal came back at 243k. At 75% that's 182k versus the 198k I underwrote, so 16k stays in the deal. I've got the a…
Trying to size a check for this and I only ever see the purchase price discussed. A two bedroom condo in a tourist market, say $320k, 20% down is $64k. Then what? Somebody told me…
We're four originators and a processor. Purchase volume is holding but refi is basically gone, and two of the four are living off a pipeline that's thinner than it was. I've been…